Page Four
IHE BANNER-COURIER, OREGON CITY, OREGON, THURSDAY, JANUARY 19, 1922
THE BANNER COURIER
The Clackamas County Banner and the Oregon City Courier, Consolidated
July 8th, 1919, and Published by the Clackamas County Banner Publishing
Company, Incorporated. -
F. J. TOOZE. Editor
Published Thursdays from the Banner Building at Ninth and Main Streets
and Entered in the Postoffice at Oregon City. Oregon as Second Class Mail
Matter.
Subscription Price, $1.50 per year in advance.
Telephone 417
MEMBER OF WILLAMETTE VALLEY EDITORIAL ASSOCIATION
MEMBER OF OREGON STATE EDITORIAL ASSOCIATION
Official Paper of City of Oregon City
AN INDUSTRIAL BARRIER
Private capital is now experiencing great difficulty
in financing itself, and this difficulty curtails expansion
and increases the number of the unemployed. New m
dustries cannot start and many of those already estab
lished find expansion and even continuous operation out
of the question on account of the lack of capital.
And during these times when money is needed for
industry including farm and factory vast sums of money
are being absorbed by tax exempt bonds of the govern'
ment, states, counties and cities, ieanwhile these gov.
ernments are losing millions in t vus which should be
paid on the incomes from these bonds and industry suf
fers from lack of funds which rrught be put into them.
This exemption of bonds from taxation discriminates
against industry, and is an economic injustice. Jb or ex
ample a wealthy man invests $50,000 in tax exempt bonds
and thus escapes taxes on his investment. Another man
invests $50,000 in a factory or other industry which"" jives
employment to laboring people and assumes large risks
also. The latter must pay all kinds cf taxes devised by
congress and the various legislatures. The result is to
discourage industry. Surely the security of government
bonds is the safest in the world and as such should ap
nea! to the investor, and still be taxed as are "other
securities. .
OUT OF BALANCE
A BIG SUBJECT
At the recent meeting of Pomona Grange of this
county the membership present went on record of cen
sure of the State Tax Commission. This is one 01 the
many protests being launched against both condition and
system of taxation at this time of high and increasing
taxes.
The grange is insistent upon the proposition that
water power and other natural values employed in profit
producing enterprises shall pay the same ratio of "taxes
on productive values that the farmers have to pay on
heir farms.
The tax commission has this year reduced taxes on
ome water power values while the local assessments on
arm property is higher than ever before. It is general
comment among the grange folk that this attitude of the
commission favors the corporations while the farms must
help make up his decrease.
The Banner-Courier looks upon the wnoie present
patchwork svstem of taxation in which one assessor
places values on one unit of property and othersjon others,
some at the ratio of one half value other at other ratios;
some at less even than one-tenth values and hundreds of
thousands of dollars worth of taxable values in Clack
amas county and in other counties of the state paying no
taxes at all asneedmg complete revolution and revision.
And when revision of our tax system is thus under way,
equitable readjustment will extend to other sources of
wealth as well as to water power and other natural re
of earlier days and make a bran new i
one short and providing a business
administration such as makes a suc
cess of great industrial and economic
undertakings.
WILSONVILLE, Jan. 18. The Wil
sonville Farm Bureau committee has
ordered 40 tons of lime- and is now
making up another car, 20 tons of
Which is already sold. Land plaster
will be ordered soon and those desir
ing lime or landplaster, will ha - e to
act quickly. W. C. Young and F.
Wiedemann will take the orders. They
also handle tiles now on hand.
RUPTURE EXPERT HERE
SEELEY, FAMOUS "IN
THIS SPECIALTY CALL
ED TO PORTLAND
COST OF HIGH LIVING
The notable Mrs. Stokes pitifully pleads for $100,000
alimony per annum from her millionaire husband as nec
essary for family support. And yet there are several
dames extant who could manage to get along iainy wen
on half this amount.
F. H. Seeley, of Chicago and Phila
delphia, the no.ted truss expert, will
personally be at the Benson Hotel,
and will remain, in Portland this Mon
day, Tuesday, Wednesday, Thursday,
and Friday, Jan. 23, 24, 25, 26 27. Mr.
Seeley says: "The Spermatic Shield
will not only retain any case of rup
ture perfectly but contracts, the open
ing in 10 days on the average case.
Being a vast advancement over all
former methods exemplifying instan
taneous effects, immediately apprecia
ble and withstanding any strain or po
sition no matter the size or location.
Large or difficult cases, or incissronal
ruptures following operations) special
ly solicited. This instrument receiv
ed the only award in England and in
Spain, producing results without sur
gery, injections, medical treatments
or prescriptions. Mr. Seeley has docu
ments from the United States Govern
ments, Washington, D. C, for inspec-
I tion. He will be glad to demonstrate
1
What Every Business
Needs
Is it wise to attempt to solve all your
" business problems without unbiased ad- .
vice? This bank has a long history of , '
service to the business interests of this
community. V"
Never has its broad and intimate know- .
ledge of business conditions been more
helpful to its clients than in the years
of reconstruction. .When you need
friendly advice come in and talk things
over with us without obligation to
yourself. s '
The Bank of Oregon City
Oldest Bank in Clackamas County
fFEDERAL ksebvc
.SYSTEM.
without charge or fit them if desired.
Business demands prevent stopping at
any other place in this section.
P. S. Every statement in this notice
has been verified before the Federal
and State Courts. F. H. Seeley.
Home Office, 117 No. Dearborn St.,
Chicago
THE REVOKING CLAUSE
Senator Norris of Nebraska declared in the senate a
few days ago that a farmer in Nebraska shipped a car
load of corn to Billings, Montana, where they have no
corn and after paying over what he received for his corn
still owed the railroad company fifty-one cents freigh
charge.
Another example of shipping rates exorbitant when
compared with the price of the products is in the case
where a man in Florida shipped to a merchant in Vir
ginia seven crates of cabbages. These seven crates of
cabbages sold for $34.00. Charged against this sale price
was $22.20 express. The commission to the salesman was
$3.40. After these two deductions the producer had $8.
37 left for his seven crates or a little less than $1.20 a
crate for the seed, planting, cultivation, gathering, crat
ing and hauling to the railroad station.
It would have beefr better for the raiser of those cab
bages to have allowed his land to lie in idleness and to
have devoted his time to something else. But not so for
those who must have cabbages for food and who live off
their earnings from industry m the cities. Food should
not go higher but those factors which make transporta
tion costs so high as now should be made to conform to
the welfare of both the producer and consumer who are
the first and greatest suffers from exorbitant freight
rates on produce. If the railroads which must depend on
production for their profits are guaranteed by this gov
ernment a profit why this howl by the politicians in con
gress about the efforts of the farm "bloc" to force condi
tions which will obtain for the agricultural people fair
returns in comparison on their investment and work?
Such instances as theSe are thorns in the sides of
the producers. They force them into farm blocs. They
array the shipper against the railroads and other trans
portation companies. They are rank injustice which calls
tor the loudest condemnation of congress and even the
government itself for class and industrial discrimination
These exhorbitant rates are due in part to the guar
antee of profits to the railroads without an equal guar
antee to them who produce these necessities and in part
due to the wages paid in transportation and which are out
oi all proportion to the earnings of the producers. It's
high time that the farmers unite in bloc or otherwise to
force a fair system of distribution as advantageous to
themselves as it is to the railroads or to the brotherhoods.
The city council did the courageous
and proper thing when it inserted in
the pool room ordinance the section
providing for . authority to revoke li
censes at any time wnen tne places ;
are -not conducted properly. Hereafter !
the power which grants the license j
may for good reason take it away.
This is as it should be.
The poolroom proprietors who in
tend to obey the regulations of the
city will no doubt welcome this fea
ture of the ordinance as it will put
on guard those who now give the
whole business a "black eye" by their
disregard of order and decency. The
council should be commended for this
ordinance.
AM
OMMERC
IT'S better to invest your savings at 4
per cent with the Bank of Commerce
than it is to put your hard-earned
money in some doubtful scheme paying
a high rate, and be sorry afterward.
First Bank in Oregofri City to pay 4 per cent
Interest on Savings Accounts
Bank of Comme rce
Oregon City, Ore .
TH0S FRYAN ksibnt DfcHUGH S MOUNTvice ores JOHN R HUMPHRYS Cashier
KE.BAUERSFELD.Asst Caster -OWNED.
MANAGED AND CONTROLLED
BV CLACKAMAS COUNTY PEOPLE
VOTING DOWN BONDS
.As a final basis for higher and
higher taxes people in many parts of j
the west are beginning to vote down
indiscriminate bond issues."
It is a fact that bond issues invite
extravagance and waste in public af
fairs and bind people to future bur
dens of taxation they must pay.
Many people are always ready to
favor something being done and do
not inquire how much of the burden is
to be placed on the future taxpayers.
If instead of bond issues, it were
proposed to levy a direct tax or a tax
over a period of years many of the
same people would not vote it.
There is a lot of camouflage in the
argument "let the next generation
that shares the benefit of this also
share the cost and let them pay."
One western state wanted to vote
$30,000,000 bonus to its ex-service men
but instead, by a long time bond is
sue makes the taxpayers dig up $87,-
000,000, for principal and interest.
What is still worse if that state had
proposed to raise the money $30,
000,000 by a direct tax, the bonus pro
position would have lost out.
Doing by indirection what would not
have been done directly means in this
case self-glorification by the present
generation by imposing upon the com
ing generations the task of paying
$87,000,000. Cheap patriotism!
Bond issues for improvements that
are going to add to production of
wealth and paying their own way over
jjid over are a different proposition.
WAIT A MINUTE
From the United States Dpartment
of Agriculture we obtain the following
records showing the levels of prices
covering about five years before the
war, the highest point during the war
and the present time.
Oats were 35 cents before the war,
85 cents at the highest point during
the war and 27 cents now. Hay runs
$14, $28, $13. Hogs, $7.50, $20.50, and
$6.50. Potatoes 70 cents, $5.'20and
$1.50. Farm help wages $25, $53, $35.
In the good old fitate of "Oregon
my Oregon" the price of oats during
the war went to 60 cents and are now
40; potatoes were $8.50 a sack and
now $1.50; hogs dressed $20.50, now
12.00 per cent; and hay then $40.00,
now $12 to $1-5.00. Farm wages
reached as high as $75.00 with board
and have gone back to $30 and the
same incidentals.
Farm lands that sold as high as
three dollar wheat could send them
are now, according to realtor esti
mates, twenty-five or thirty dollars
less per acre. And the man who
bought this high-priced land, paying
down his savings and giving a mort
gage for the remainder is under the
present price of his crops "strictly up
against it" May the good Lord help
him! And may the readjustment be
speedy.
With this conditions and with taxes
leaping higher and higher it's high
time to cut expenses. It's the time
for every state and county institution
to take a breathing spell from the
wild scramble to spend the taxpayers'
money on non-essentials. It's time
even to hold up on improvements not
absolutely necessary while price ad
justments are going on and while
farmers and others are trying to catch
a normal breath.
NEW WINE IN OLD BOTTLES NO
And when the committee begiP9 to
revise the present city charter it
would better Imitate the forefathers
A
We Now Feature:
n Enormous Presentation of
A
Bleached HONOR Muslin
(J. C. Penney Co. Brand)
After months of earnest effort to produce a
grade and finish of "bleached" muslin which
would permit affixing the J. C. Penney Company
label, our buyers have been extremely successful
In offering our own b-anded HONOR Muslin,'
it is with our full recommendation. We are confi.
aent you will agree with us that its
excellent quality makes it the best
muslin on the market at the price.
Be sure to ask for J. C. Penney
Co. HONOR Muslin, at, per yard
'"if
V
N early offering of Muslins, Cambrics, Sheetings, Towels, Crashes
Damans and Dress Fabrics, bought at a tune when the markei
was at its lowest ebb and now offered to you
At Surprisingly Attractive Prices.
This is an exceptional opportunity to provide snowy white fabrics
of dependable quality for personal and household use for both tht
present and the future. The following items will demonstrate the extent
to which we have gone to provide economies for this remarkable and
early White Goods Event:
MUSLINS
Unbleached Muslin, 36 inches wide; made
of selected cotton and a serviceable quality.
Yard 10c, 12C and 15c
Fine Cambric Muslin, Berkeley quality;
popular everywhere for its finish and wearing
ability. Yard 24c
Indian Head Muslin, soft finish, shrunk the
popular cloth that finishes like linen, 33, 36, 44 and
54 inches wide. Reasonably priced.
SHEETS AND PILLOW CASES
81x90 Sheets, full standard size, popular .
weight. Each 1.4 a
42x36 Pillow Cases, serviceable quality.
Each o3c
SHEETINGS .
Standard Quality Sheeting, 9-4 or 81 inches
wide. The kind that will wash and wear well. e
Unbleached yard, 53c. Bleached, yard, . OoC
Other widths priced in proportion.
PEQUOT SHEETING, SHEETS AND CASES
Through our direct mill connection, we can supply
you with this popular Pequot brand of high grade
goods in all widths, at material savings of money.
CRASHES
Bleached Crash, 17-inch, red border. Ser- ft
viceable grade. Yard 9c
Bleached Crash, 17-inch. Exceptional grade. , .
Yard 14c
TOWELS
Muck Towels with white or. red borders; full size and- e
good wearing quality. Pair ' Z5c
Huck Towels, a heavier grade. 18x36 inches. Red or Q
white border. Pair o9c
Bath Towels, substantial quality and a good size. 0
Pair o6c
Bath Towels, large size. Splendid weight for service, .
suggesting several pairs at, pair 4bC
LAWNS AND FLAXONS
Dundee Part-Linen Crashes, bleached and un
bleached the kind you like to use. Yard 10c, 17c, 23c
Steven's Crashes both bleached and unbleached. Our buying
arrangement permits us to sell this popular line at a big saving
to you. -
PILLOW TUBING
42 inches, admirable quality. Yard 33c
Also carried in 36, 40 and 45-inch widths.
DAMASKS -
Mercerized Poplin, Nurses' Uniform Cloth,
Galatea Cloth, Middy Twill and a variety
of Skirtings and Suitings representative
J. C Penney Co. values.
ORGANDIES
NAINSOOKS
Here are items that recom
mend themselves to the thrifty
housewife. Exceptional qual
ity, Exceptionally priced.
India Linons the quality
you want. Yard 15c, 19c, 23c
Persian Lawns sheer,
fir-"'-slity. Yard 40-in.
39c New, sheer, crisp, popular Long Cloth Nainsooks,
'? 49c Organdies at such low prices 36-inch, fane English hn-
:ns sheer and as to suggest several new ores- isn. lard
for many uses. ses. Make up beautifully for r
y OU in. 17C, turning wcujLU wcauici ncu.
40 -in wide 29c, 33c Domestic Organdies. . "
fancy Flaxons neat ef- yard 25c, 39c
fects in the tiny checks
or the larger plaids, also ' Imported Organdies,
s'.ppcs. Yard 39c, 43c Yard 49c, 69c
Table Damask, standard
grade of colored damask;
blue and white, red and
white or buff. Yard
Mercerized Damask.rich
patterns, 58-inch. Ser
viceable quality. Yard
Mercerized Damask,
heavy quality; wrought in
rich damask patterns.
15c, 19c, 23c Yard pinoh width.
I 11 II II VVlUI.il
Nainsook, DIMTTTES
36-inch sheer fine French Dimities in dainty checks
finish, Yard 23c and stripes. Yard 14c, 19a
Japanese Nainsook, WHITE VOILE
sheer beautiful mercerized, Superior quality of 39-in.
of tine texture. Yard 25c Voile. Yard
89c
53c.
6M
75f
OUR
POLICY:
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312 DEPARTMENT. STORES'
OUR
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